Blog Post

Benefiting from a bumper Christmas period, in which iphone sales doubled from a year ago, Apple today posted profits 50% higer for Q4 2009 than they saw the previous year; with net income rising from $2.26bn to $3.38bn.

This huge percentage increase in profit has come at a crucial time, as Apple are expected to announce its much hyped portable entertainment product; which if we go by past ‘hyped’ up announcements is likely to be nothing more than an extra large Iphone Touch renamed as the holy grail – The ‘Tablet’